U.S. Energy Corp. , a natural resources exploration and development company with interests in molybdenum, oil and gas, and real estate, today announced that in light of current economic conditions it intends to suspend finalizing its application for a listing on the Toronto Stock Exchange.
“In light of the turbulent market conditions in the last quarter, [...]

U.S. Energy Corp. (Nasdaq:USE) (“USE” or the “Company”) today announced that it has completed the sale of an aggregate of 39,062,720 common shares of Sutter Gold Mining Inc. representing approximately 49.9% of the outstanding common shares of SGMI to RMB Resources Ltd. (“RMB”), as trustee for the Telluride Investment Trust, for an aggregate purchase price [...]

U.S. Energy Corp., a natural resources exploration and development company with interests in molybdenum, uranium, oil and gas, gold, and real estate, today announced that PetroQuest Energy L.L.C. (”PetroQuest”) (PQ) has spudded the Bluffs Prospect in Louisiana.
U.S. Energy Corp. is participating in this well as a 20% working interest partner with PetroQuest. This initial well [...]

U.S. Energy Corp., a diversified natural resource company with interests in molybdenum, oil and gas, gold, and real estate, today provided a review of 2007 results and an update on current operations for its primary business segments.
Review of 2007 Accomplishments
The year ended December 31, 2007 was the most profitable in U.S. Energy Corp.’s history, due [...]

U.S. Energy Corp. and Crested Corp. , natural resource exploration and development companies, today announced that Mr. Clyde Gillespie has been hired to be the Project Manager for the Lucky Jack Molybdenum Project in Colorado for the Companies’ U.S. Moly Corp. subsidiary.
Mr. Gillespie comes to the company from Kinross Gold Corporation (Kettle River Operations) [...]

U.S. Energy Corp. and Crested Corp. , d/b/a USECC, today announced the signing of a Letter Agreement with Kobex Resources Ltd. (TSX Venture Exchange: KBX.V - News) whereby Kobex can acquire a 50% interest in the Companies’ Lucky Jack (formerly known as Mt. Emmons) molybdenum deposit in west-central Colorado (the “Project”).
On October 6, 2006, U.S. [...]

Wyoming-based U.S. Energy Corp. and subsidiary Crested Corp., which do business as USECC, said Tuesday they will sell the majority of their uranium assets to Uranium One Inc., based in Toronto, Canada.
Uranium One will pay USECC $750,000 for the exclusive right to buy the uranium assets, including the Shootaring [...]